MADRID, Jan 16 —The risk that European Union governments will not be able to spend the largest aid package in its history is growing as members struggle to meet deadlines imposed...
MADRID, Jan 16 —The risk that European Union governments will not be able to spend the largest aid package in its history is growing as members struggle to meet deadlines imposed by the bloc, officials from four countries have told Reuters.
The thorniest issue will be securing unanimity from the bloc's 27 members on extending the disbursement of financing beyond 2026, which would require approval in each country's parliament, including Hungary and Poland, which are already at odds with the EU and may use their support as leverage to secure concessions.
Extending the implementation period faces"a major problem - the decision on own resources would have to be reopened, which requires unanimity, which is almost unthinkable", said Czech EU Affairs Ministry spokesperson Marek Zeman. A spokesperson for Portuguese Cabinet Minister Mariana Vieira da Silva said talks with the European Commission about a"reassessment of goals" would begin this month and include a"review of the execution period". Portugal was analysing which projects had been most affected"by the current macroeconomic context," the spokesperson said.
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